AAF Wealth Management, LLC
In its 13F for Q4 2024 (holdings as of December 31, 2024, filed May 19, 2025), AAF Wealth Management, LLC reported 47 stock positions worth $198.3 million. Its top holding was iShares Core S&P 500 ETF (IVV) at 22.5% of the portfolio, followed by iShares Core MSCI Dev MKTS (IDEV, 12.8%) and Vanguard Mrngstr Val ETF-Aui (VTV, 11.5%). Compared with Q3 2024, it opened 5 new positions, sold out of 2, added to 20 and reduced 17. The biggest buy was a new position in SS SPDR Dow Jones Indus Avg (DIA) and the biggest sale SS Health Care Select Sector (XLV, shares −98%).
- Most Recent 13F
- Q2 2026
- Location
- WESTBOROUGH, MA
- CIK
- 0001726609
- Portfolio Value
- $198.3M (Q4 2024)
- SEC Filing
- 0001085146-25-003382 ↗ filed May 19, 2025
Holdings Value
Holdings 47 stocks · $198.3M
| IVV iShares Core S&P 500 ETF | 22.50% | 75,786 | $44.6M | Add +1.9% |
| IDEV iShares Core MSCI Dev MKTS | 12.84% | 394,898 | $25.5M | Add +6.7% |
| VTV Vanguard Mrngstr Val ETF-Aui | 11.48% | 134,391 | $22.8M | Add +2.2% |
| QQQM Invesco Nasdaq 100 ETF | 10.79% | 101,670 | $21.4M | Reduce -1.3% |
| IJH iShares Core S&P Midcap ETF | 9.15% | 291,062 | $18.1M | Reduce -0.2% |
| VYMI Vanguard Int High DVD YLD Inc. | 6.42% | 187,506 | $12.7M | Add +4.7% |
| DIA SS SPDR Dow Jones Indus Avg filed as SPDR DOW JONES INDL AVERAGE | 3.91% | 18,232 | $7.8M | New |
| GLD SPDR Gold Shares | 2.90% | 23,763 | $5.8M | New |
| AAPL Apple Inc. | 2.44% | 19,284 | $4.8M | Reduce -6.3% |
| IEFA iShares Core MSCI Eafe ETF | 2.34% | 65,948 | $4.6M | Add +0.5% |
| IJR iShares Core S&P Small-Cap E | 1.86% | 32,063 | $3.7M | Reduce -7.5% |
| VO Vngrd Mrngstr MD-Cap ETF-Usd | 1.57% | 11,756 | $3.1M | Reduce -0.6% |
| GOOG Alphabet Inc. Class C | 1.26% | 13,118 | $2.5M | Add +0.0% |
| FELC Fidelity Enh LRG Cap Cor ETF | 1.20% | 72,021 | $2.4M | Reduce -1.3% |
| PID Invesco International Divide | 0.86% | 93,287 | $1.7M | Reduce -2.4% |
| META Meta Platforms Inc. Class A | 0.81% | 2,747 | $1.6M | Add +17.4% |
| IWF iShares Russell 1000 Growth | 0.62% | 3,047 | $1.2M | Add +0.0% |
| SPY SS SPDR S&P 500 ETF Trust-US | 0.46% | 1,561 | $915K | Add +44.1% |
| VUG Vanguard Mrngstar GR ETF-Sui | 0.45% | 2,185 | $897K | Reduce -0.9% |
| BRK.B Berkshire Hathaway Inc. Class B | 0.44% | 1,926 | $873K | Add +40.6% |
| GOOGL Alphabet Inc. Class A | 0.39% | 4,119 | $780K | Add +5.1% |
| AMZN Amazon.com Inc. | 0.39% | 3,524 | $773K | Add +17.4% |
| IWR iShares Russell Mid-Cap ETF | 0.37% | 8,242 | $729K | Add +20.6% |
| MSFT Microsoft Corp. | 0.35% | 1,639 | $691K | No change |
| IWM iShares Russell 2000 ETF | 0.35% | 3,107 | $687K | Reduce -0.5% |
| BRK.A Berkshire Hathaway Inc. Class A | 0.34% | 1 | $681K | No change |
| IWB iShares Russell 1000 ETF | 0.28% | 1,753 | $565K | Add +0.2% |
| SCHF Schwab Intl Equity ETF | 0.28% | 29,937 | $554K | Reduce -6.6% |
| IWD iShares Russell 1000 Value E | 0.28% | 2,966 | $549K | Add +0.1% |
| QQQ Invesco QQQ Trust Series 1 | 0.27% | 1,056 | $540K | New |
| VOO Vanguard S&P 500 ETF | 0.27% | 991 | $534K | Reduce -13.8% |
| IXUS iShares Core Intl Stock ETF | 0.25% | 7,377 | $488K | Reduce -1.1% |
| TSM Taiwan Semiconductor-SP ADR | 0.23% | 2,291 | $452K | Add +0.3% |
| VTI VG Morningstar TS MKT ETF-US | 0.16% | 1,116 | $324K | Reduce -6.6% |
| RTX RTX Corp. | 0.16% | 2,672 | $309K | Add +0.0% |
| CVX Chevron Corp. | 0.13% | 1,846 | $267K | No change |
| JPM JPMorgan Chase & Co. | 0.13% | 1,105 | $265K | Add +11.6% |
| CSCO Cisco Systems Inc. | 0.13% | 4,272 | $253K | New |
| JNJ Johnson & Johnson | 0.12% | 1,703 | $246K | Reduce -7.9% |
| HON Honeywell International Inc. | 0.12% | 1,084 | $245K | No change |
| PG The Procter & Gamble Co. | 0.12% | 1,455 | $244K | Reduce -6.1% |
| VWO Vanguard Ftse Emerging Marke | 0.12% | 5,354 | $236K | Add +5.6% |
| MRK Merck & Co. Inc. | 0.12% | 2,309 | $230K | Add +8.4% |
| VV Vngrd Mrgstr LRG-Cap ETF-Usd | 0.11% | 787 | $212K | Reduce -4.1% |
| XLV SS Health Care Select Sector | 0.11% | 1,520 | $209K | Reduce -97.9% |
| PPSI Pioneer Power Solutions Inc. | 0.09% | 44,500 | $184K | New |
| ACRV Acrivon Therapeutics Inc. | 0.03% | 10,678 | $64K | No change |
Portfolio Sells Q3 2024 → Q4 2024
| XLV SS Health Care Select Sector | Reduce -97.9% | 0.11% | −5.45 |
| EWJ iShares MSCI Japan ETF | Sold out | 0.00% | −2.59 |
| IJR iShares Core S&P Small-Cap E | Reduce -7.5% | 1.86% | −0.18 |
| DXJ Wisdomtree Japan Hedged Eq | Sold out | 0.00% | −0.11 |
| PID Invesco International Divide | Reduce -2.4% | 0.86% | −0.09 |
| SCHF Schwab Intl Equity ETF | Reduce -6.6% | 0.28% | −0.05 |
| VOO Vanguard S&P 500 ETF | Reduce -13.8% | 0.27% | −0.04 |
| IXUS iShares Core Intl Stock ETF | Reduce -1.1% | 0.25% | −0.03 |
| JNJ Johnson & Johnson | Reduce -7.9% | 0.12% | −0.03 |
| PG The Procter & Gamble Co. | Reduce -6.1% | 0.12% | −0.01 |
| VTI VG Morningstar TS MKT ETF-US | Reduce -6.6% | 0.16% | −0.01 |
| IJH iShares Core S&P Midcap ETF | Reduce -0.2% | 9.15% | −0.01 |
| VO Vngrd Mrngstr MD-Cap ETF-Usd | Reduce -0.6% | 1.57% | −0.01 |
| VV Vngrd Mrgstr LRG-Cap ETF-Usd | Reduce -4.1% | 0.11% | −0.00 |
| IWM iShares Russell 2000 ETF | Reduce -0.5% | 0.35% | −0.00 |
| FELC Fidelity Enh LRG Cap Cor ETF | Reduce -1.3% | 1.20% | +0.02 |
| AAPL Apple Inc. | Reduce -6.3% | 2.44% | +0.02 |
| VUG Vanguard Mrngstar GR ETF-Sui | Reduce -0.9% | 0.45% | +0.03 |
| QQQM Invesco Nasdaq 100 ETF | Reduce -1.3% | 10.79% | +0.37 |
Portfolio Buys Q3 2024 → Q4 2024
| DIA SS SPDR Dow Jones Indus Avg | New | 3.91% | +3.91 |
| GLD SPDR Gold Shares | New | 2.90% | +2.90 |
| IVV iShares Core S&P 500 ETF | Add +1.9% | 22.50% | +0.89 |
| QQQ Invesco QQQ Trust Series 1 | New | 0.27% | +0.27 |
| GOOG Alphabet Inc. Class C | Add +0.0% | 1.26% | +0.16 |
| SPY SS SPDR S&P 500 ETF Trust-US | Add +44.1% | 0.46% | +0.15 |
| META Meta Platforms Inc. Class A | Add +17.4% | 0.81% | +0.14 |
| CSCO Cisco Systems Inc. | New | 0.13% | +0.13 |
| BRK.B Berkshire Hathaway Inc. Class B | Add +40.6% | 0.44% | +0.12 |
| AMZN Amazon.com Inc. | Add +17.4% | 0.39% | +0.11 |
| PPSI Pioneer Power Solutions Inc. | New | 0.09% | +0.09 |
| GOOGL Alphabet Inc. Class A | Add +5.1% | 0.39% | +0.07 |
| IWR iShares Russell Mid-Cap ETF | Add +20.6% | 0.37% | +0.06 |
| IWF iShares Russell 1000 Growth | Add +0.0% | 0.62% | +0.04 |
| JPM JPMorgan Chase & Co. | Add +11.6% | 0.13% | +0.03 |
| TSM Taiwan Semiconductor-SP ADR | Add +0.3% | 0.23% | +0.03 |
| IWB iShares Russell 1000 ETF | Add +0.2% | 0.28% | +0.01 |
| VWO Vanguard Ftse Emerging Marke | Add +5.6% | 0.12% | −0.00 |
| MRK Merck & Co. Inc. | Add +8.4% | 0.12% | −0.01 |
| IWD iShares Russell 1000 Value E | Add +0.1% | 0.28% | −0.01 |
| RTX RTX Corp. | Add +0.0% | 0.16% | −0.01 |
| VTV Vanguard Mrngstr Val ETF-Aui | Add +2.2% | 11.48% | −0.09 |
| VYMI Vanguard Int High DVD YLD Inc. | Add +4.7% | 6.42% | −0.21 |
| IEFA iShares Core MSCI Eafe ETF | Add +0.5% | 2.34% | −0.24 |
| IDEV iShares Core MSCI Dev MKTS | Add +6.7% | 12.84% | −0.36 |
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2026 | 57 | $271.1M | IVV, VTV, IDEV, QQQM, VYMI |
| Q1 2026 | 54 | $243.8M | IVV, VTV, IDEV, QQQM, VYMI |
| Q4 2025 | 50 | $237.2M | IVV, VTV, IDEV, QQQM, VYMI |
| Q3 2025 | 43 | $220.8M | IVV, VTV, IDEV, QQQM, VYMI |
| Q2 2025 | 47 | $219.5M | IVV, IDEV, VTV, QQQM, USMV |
| Q1 2025 | 47 | $185.3M | IVV, IDEV, VTV, QQQM, VYMI |
| Q4 2024Amended | 47 | $198.3M | IVV, IDEV, VTV, QQQM, IJH |
| Q3 2024Amended | 44 | $198.5M | IVV, IDEV, VTV, QQQM, IJH |
| Q2 2024Amended | 46 | $193.0M | IVV, IDEV, VTV, QQQM, IJH |
| Q1 2024Amended | 43 | $177.8M | IVV, IDEV, VTV, QQQM, IJH |